Long-Term LNG Supplies: Devastating Shortages?

Our LNG supply model looks project-by-project, across 120 LNG facilites: including c40 mature plants, c10 under development, c20 in design and c30 under discussion.

Our base case supply estimates come from “risking” the supply associated with each of these projects (chart below). Use of LNG should rise at over 8% per year to drive the energy transition and displace coal, but there are only enough developments underway for a 4% CAGR out to 2025, as COVID has deferred 50MTpa of start-ups.

The outlook depends on the path. The 2030 supply outlook can vary by 325MTpa, when comparing all reasonably possible supply (top chart) against the firm supply-growth that looks all but locked (bottom chart). Qatar and select US projects are the most exciting new supply sources.

The greatest opportunities in LNG are therefore to create new demand and to advance competitive projects when others are cannot. To see which projects we think will progress, please download the data-file.

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This text constitutes Thunder Said Energy’s terms, conditions, its privacy policy, its GDPR policy and other relevant contact details. By reading our written content, you agree to abide by these terms of use.

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Thunder Said Energy LLC is a registered company in Connecticut, United States, effective April-2019.

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Other websites and resources are linked on our site with the aim of helping our users

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Thunder Said Energy does not accept any responsibility for the content or the use of linked websites and resources; or of the content of other sites that link to ours.

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If your access to our content occurs through a corporate account, your rights to access our content may cease if your employment terminates at that company, which will be at the discretion of Thunder Said Energy.

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In the event of breaching these conditions, Thunder Said Energy will cooperate with relevant law enforcement authorities, may disclose your identity to them, and your right to use the site will cease.

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Further information on these terms or any queries may be made by contacting Thunder Said Energy via the postal address, email address or phone numbers below.

Privacy Policy

Thunder Said Energy (“we”, “us”) respects your preferences on the collection and use of your personal information. The following statements explain our policies.

We are committed to protecting your privacy, while using our websites, products and services (our “platform”).

You should review this Privacy Policy periodically to keep up to date on our most current policies; as we reserve the right, at any time, to modify this Privacy Policy.

Any changes will be posted in this Privacy Policy. Any material changes may also be notified, e.g., via email.

1. Scope

This Policy applies to our platform. It provides you with guidance on your rights and obligations pertaining to your personal information.

2. Collection of Personal Information

Our general philosophy and ambition is to safeguard your personal data by minimising what we collect, and storing what we do collect in a secure manner.

Thunder Said Energy is the data controller for personal data we collect through our platform.

Thunder Said Energy will collect personal information that is necessary for our business: to improve the usability of our platform and help us tailor content for you.

Specifically, when you register with Thunder Said Energy, we will collect your name, email address, location, subscription preferences and preferred method of contact. We may collect additional information.

Collecting personal information will be self-apparent or will be disclosed to you at the time of collection: most often, when you enter it into an online submission form, when you request a trial or when you subscribe to our platform.

Thunder Said Energy will use this information for the purposes for which it was collected.

Thunder Said Energy does not share any personal data with any third parties, potentially with the exception of Redburn (see below).

Rob West, the principal research analyst at Thunder Said Energy, is bound by a non-compete agreement with Redburn, until December-2019, originating from Rob’s employment at Redburn, which ended in March-2019. As part of Redburn’s collaboration with Thunder Said Energy, it was agreed to release Rob from certain provisions of the non-compete. Specifically, pre-existing clients of Redburn will not be blocked from accessing Thunder Said Energy’s content. However, Redburn reserves the right to ask Thunder Said Energy for the names of firms who have accessed specific content and research products, in order to ensure compliance with this non-compete agreement.

Our platform uses several ‘plug ins’ and ‘cookies’ which are described in more detail below, including Google Analytics.

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Providing you with requested emails, products and services.
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Providing customized information to you.
Confirming or invoicing purchases of our products.
For information verification purposes.
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We endeavour to ensure personal information is reliable, accurate, and up-to-date.

You may access your personal information, to update, and correct inaccuracies by email request (as long as your account is active).

You may limit the use and disclosure of your information by unsubscribing from marketing communications or contacting us at [email protected]

Some information may remain in our records even after you request deletion of your information, for example, if required by relevant legal authorities.

There may be limits to the amount of information we can practically provide about personal information that we store, due to cost, or others’ privacy rights.

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We do not expect to work with any service providers that will handle our clients’ personal data. If we did work with any such service providers in the future, we would require them to treat personal information as confidential, and not for their own marketing purposes.

There could be instances when we disclose your personal information without providing you with a choice, in order to comply with the law or in response to a court order, government request, or other legal process; to protect the interests, rights or safety of Thunder Said Energy or others; or respond to adverse third parties in the context of litigation. But we consider this unlikely.

Should Thunder Said Energy establish future subsidiaries or affiliate companies in the future, controlled by the management of Thunder Said Energy, then we may disclose personal information “internally” to these subsidiaries or affiliate companies.

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If you provide comments on Thunder Said Energy on a social media or other public platform, you should be aware that the information provided there will be broadly available to others to see, and could be used to contact you. We are not responsible for any information you choose to submit on these forums or their consequences.

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We will retain your personal information as needed to fulfill the purposes for which it was collected, and to comply with our business requirements.

Typically, we will retain your name and contact details for the duration of our relationship with you, as a client or prospective client of Thunder Said Energy. Any data collected for analytics purposes is retained for a shorter time, while we are carrying out the relevant analytics.

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We may collect the physical location of your device, with your consent, for purposes consistent with this Privacy Policy.

Some web browsers permit you to broadcast a preference that you not be “tracked” online. We do not actively modify your experience based upon such a signal.

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Thunder Said Energy aims to minimise the the cross-border transfer of personal information. However, our company is based in the United States of America (USA). Thus, if you are not based in the USA, and you enter personal information into our website, then you agree for the information to be transferred into the USA.

By using our website, or providing any personal information to us, you consent to the transfer, processing, and storage or such information outside of your country of residence.

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Information on employees or prospective employees (“Employee Information”) will be used for legitimate business purposes, to evaluate applications, manage the employee-employer relationship and comply with applicable laws and regulations.

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We will not intentionally communicate or make available to the general public in any manner, employees’ sensitive details, such as social security numbers.

We may share Employee Information with third parties who provide outsourced human resource functions. Those third parties will be required to protect Employee Information.

11. EU General Data Protection Regulation

The Thunder Said Energy Policy for the Processing of Data Governed by GDPR addresses our commitment to the processing of personal data under the EU General Data Protection Regulation 2016/679.

If you are located in the European Economic Area (“EEA”) or Switzerland, you have the rights to request the following:

To request confirmation of whether we process personal data relating to you
To request confirmation of what personal data we process relating to you
To request that we rectify or update any personal data relating to you that is inaccurate, incomplete or outdated.
To request that we erase your personal data ,or that we no longer have your consent to process your personal data
To request that we restrict the use of your personal data
You may contact us at [email protected] to exercise any of these rights described above. You also have the right to lodge a complaint with your country’s data protection supervisory authority.

12. Other Contractual Relationships

If you enter into a separate contractual relationship us, which requires collecting, using, or sharing information about you in a different manner than described in this Privacy Policy, the terms of that agreement will apply.

13. Other Websites

This Privacy Policy does not apply to sites or services offered by other companies or third parties, that may be displayed as content or linked on our website.

14. Contact Information

If you have any questions or concerns related to this Privacy Policy, please contact the us at [email protected]

Updated 2nd April, 2019.

Thunder Said Energy Policy for the Processing of Data Governed by GDPR

Thunder Said Energy may collect, process or handle Personal Data relating to its customers or prospective customers (“customers”) in the European Economic Area (“Personal Data”).

Thunder Said Energy’s relationship with its customers is governed by our terms of use (above), privacy policy (above), and potentially other commercial agreements. It is also legally bound under the EU General Data Protection Regulation 2016/679 (“GDPR”) in its collection, uses, and processes around Personal Data.

This Policy describes Thunder Said Energy’s commitment to the processing of Personal Data under the GDPR.

Please contact [email protected] if you would like an executed version of this Policy, or for answers to any GDPR queries arising from thie policy.

1. Appropriate Technical and Organizational Measures. When Thunder Said Energy processes Personal Data on behalf of a customer, appropriate technical and organizational measures satisfy the requirements of GDPR, to ensure the security of Personal Data is appropriate to the level of risk, and to help ensure protection of the rights of the data subject.

2. Subprocessing. Thunder Said Energy does not currently work with any subprocessors. If we were to do so in the future, subprocessors would be required to provide at least the same level of protection as is described in this Policy. Thunder Said Energy would remain liable to its customers for any actions by its subprocessors that impact any rights guaranteed under the GDPR.

3. Written Instructions. Thunder Said Energy only processes Personal Data in accordance with the terms set out in this Policy, its Privacy Policy (above) and other written terms agreed with its subscribing customer. These documents set out the subject-matter, duration, nature, purpose, types of Personal Data, categories, obligations and rights relating to such Personal Data.

4. Transfers to non-EEA Countries. Most of the Personal Data collected by Thunder Said Energy will be collected via its US-website. Where Personal Data are disclosd Thunder Said employees in the EEA, they may be transferred to Thunder Said Energy’s office in Connecticut, United States. Every effort will be made to ensure the transfer is fully secure. Personal data is not expected to be transmitted to other destinations, beyond the United States and EEA.

5. Confidentiality. Thunder Said Energy requires that its employees process Personal Data under appropriate obligations of confidentiality.

6. Cooperation Concerning Data Subjects. Thunder Said Energy cooperates with reasonable requests of its customers (at the customer’s reasonable expense) to help them fulfill their obligations under GDPR to respond to requests by data subjects to access, modify, rectify, or remove their Personal Data.

7. Cooperation Concerning Customer Documentation. Thunder Said Energy cooperates with the reasonable requests of its customers to provide information necessary to demonstrate compliance with this Policy and the GDPR, or to conduct audits of the Personal Data it holds that was received from the customer. Audits may only occur once per calendar year, and during normal business hours. Audits will only occur after reasonable notice (not less than 30 business days). Audits will be conducted by customer or an appropriate independent auditor appointed (not by a competitor). Audits may not have any adverse impact on Thunder Said Energy’s normal business operations. Auditors shall not have access to any proprietary or third party information or data. Any records, data or information accessed by the Company and/or its representatives in the performance of any such audit will be deemed to be the confidential information of Thunder Said Energy, as applicable, and may be used for no other reason than to assess compliance with the terms of this Policy. Thunder Said Energy shall be entitled to charge the Customer USD500 per hour for any hours of its employees’ time that is taken up in the audit.

8. Personal Data Breach. In the event of a Personal Data breach under GDPR, Thunder Said Energy will notify its applicable customers without undue delay after becoming aware of the breach. Such notification(s) may be delivered to an email address provided by Customer or by direct communication (for example, by phone call or in-person). The customer is responsible for ensuring any email address provided by them is current and valid. Thunder Said Energy will take reasonable steps to provide information reasonably required.

9. Deletion of Data. Thunder Said Energy will delete or return all Personal Data to a customer, following the termination of the customer’s relationship, unless it is required to retain it by applicable laws and compliance policies. Thunder Said Energy reserves the right to charge a reasonable fee to comply with any customer’s request to return Personal Data.

10. Governing Law. This Policy shall be governed by the governing law (and subject to the jurisdiction(s)) of the relevant Agreement and otherwise subject to the limitations and remedies expressly set out in the Agreement.
If you have any queries about this Policy please contact [email protected]

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